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20131202
20131210
Search Results 0 to 9 of about 10 (some duplicates have been removed)
, ibm, caterpillar, at&t, exxon, and cisco, all well-known names are all up less than double-digits with ibm and particular down 7.35%. and all the while the dow has rallied 22%. so let's drill down with these underperformers and see what needs to be done. first of all, ibm and caterpillar, the two outright losers are outright dangerous, at least until the end of the year. this is tax law season where investors sell their losers to offset the gains they made. and people got gains galore. at a moment a few stacks are down, selling ibm and cat could be particularly brutal. once we get to 2014, there will still be plenty of more long-term problems here. ibm is being challenged by the cloud. its business is not in tune with the simple inexpensive nature of cloud computing. the whole watson thing, the race for the most powerful, analytical computer means nothing in this day and age. won jeopardy, sold. many companies provide excellent data analytics. you don't need ibm. ibm offers the fabled one-stop shop. but again, increasingly going a la carte, something we saw with dream force
this morning. see you in five years. closing bell ringing in 18 minutes, one of cisco's strongest global competitors, a controversial one at that making a dramatic decision on the future of its u.s. business after getting embroiled in a controversial alleged spying. we get to that in a minute. robert gray called it on the black friday sales. >> they are telling us the better items, and pajamas. >> he held up washcloths. it turns out the humble washcloth was the biggest seller at wal-mart, the largest retailer, 2.8 million calvinist led of sales for tabloids and television and a huge increase over lawsuits. one more reason use the investor need to keep it here on fox business for your window into what is happening out there. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than another place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy
friday. >> julie hyman. >> we have to talk about the big deal today in the food service industry. cisco, a food distribution company, buying u.s. vote, main competitor, privately owned, for about $3.5 million in cash and stock, creating a food distribution giant in the united states. investors like the deal. on the mcdonald's downside after comparable sales fell by 8/10 of one percent. struggling to some extent. it's menu has really expanded. some franchisees have pushed back against the complexity. it is losing customers to some of its rivals, offering eating value. one of its shareholders had pushed for it not to remove a contract with its ceo mike jeffries. is -- remove -- renewed the contract anyway. >> backoff nsa is the message from eight companies including apple, facebook, and google. they sent an open level to white house calling for limits on surveillance there is this comes from documents leaked by edward snowden showed they could get access using information by tapping into optic cables. the firms are rivals but they spoke in one voice saying -- panel if the rhetoric will re
and pilots and stadiums. but, of course, it's a good listener too. [ female announcer ] today cisco is connecting the internet of everything. so everything works like never before. >>> >>> welcome back. we have a quick market flash here. starboard sending the company a letter repeating that it thinks the stock is deeply undervalued and significant opportunities exist to unlock value there and also said it wants a new board and management team. watching the stock up nearly 2%, $8.02. back to you guys. >> thank you so much. >>> let's head over to rick santelli for the numbers. rick, take it away. >> yes. we are going to get september and october for construction spending. and of course, as important as that is, i think the big number everybody's looking for is ism manufacturing. this is for the month of november. it's coming off a level that was best since april of '01. 54 points -- i'm sorry, i'm sorry. 57.3, 57.3. and that just takes out that 56.4 i referenced and continues to be the best level since april of '11 because that comp has a 59 handle. now, let's look at september constr
data seems that it has been picking up. the results have not been strong. you look at ibm and cisco and they have seen shrinking cyst -- sales. >> this is a model. most of this criticism to paul ryan of wisconsin -- if you make a model, make it a model that can work out. we have not seen that. we have not seen the view forward on paper. of your favorite topics, bitcoin. matt miller is in the process of acquiring bitcoin at this very moment. matt, i want to see this going down. >> i'm a little concerned about having to hand someone $800 in actual money for one bitcoin. we will see how it works out. that may be enough money for a down payment or at least a and theon a fiat 500 italian company hopes to sell a lot more of those, especially in new york. they have a plan to go upscale, upmarket and bring the production for a lot of cars back to italy. in order to do that, he wants to sell more maseratis. he wants to sell more of those fiat 500s and he is going to bring all of the productions and to italy. it will put the luxury stamp. sell jeep grand cherokee's that are made in italy. thi
. >> the deal news of the day. cisco, the food company, announcing it's merging with u.s. foods in a deal worth $3.5 billion, sent shares of cisco soaring and still up 7% on this news. given imaging is spiking more than 26% after kavidian said it's buying it. they make pills that take photo inside your body. another stock popping, twitter, up more than 9% session highs. some investors are expressing optimism about the new tools for advertising and advertisers. one other stock showing healthy momentum going into the holiday season is estee lauder. this is the sometime of year when consumers flock to cosmetic counters for holiday gifts. will all of that holiday traffic translate into profits for the perfume producer? back to you. >> we are just two weeks and two days away from christmas. kelly and i have not begun shopping yet. after a somewhat disappointing black friday for retailers, we're wondering what companies have done to try and drive sales in what is a very competitive shopping season. >> let's check in on the consumer with william lauder. >> thank you. >> peopl
's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. >> not a big loss. we have strong economic news. people think that maybe the fed won't print so much money when the economy is strong. down goes the market, but not by much. look at the price of gold. that's down $24 at 1222. now, look at apple. there's a 52-week high right there. 573 on apple. remember, we had a stock watch that said it was going to 1,000. look at tiffany, an upgrade from goldman, that stock at an all-time high. 89 on tiffany. john stossel is here and he says that actors don't want to just entertain us anymore, no, no, they want to change the world. many of them are hollywood hipocrits. look at this. >> some celebrities say socialism will fix everything. >> socialist eagletainer system. >> and more gun laws will stop violence. newtown, tucson, aurora. >> what do the same celebrities do for money. >> and the british socialist more on that later. >> and people doing things so bizarre, hold on a second, number one, you're telling me jason bate
cisco is connecting the internet of everything. so everything works like never before. dagen: tomorrow's business today. we are so self obsessed, facebook, instagram and twitter, popping up in the world of security. jeremy rose has created an apps, the iphone and ipad that uses your face to keep your precious data secure. it is called faceequipped. tell us all about it. sounds awesome but how does it work? >> basically it is the bar metric and it will recognize you and it is not you it will not recognize you. that is the key method to get into the application. dagen: within the application not having used it does its tour your password in the application? how does it work with all your secure data? >> this is -- you can score all your old passwords, and documents and pictures, anything you want to keep secret, i have this idea because i was storing most pass words in a spreadsheet and if someone got ahold of that spread sheet, basically that is not very secure because they had access to the password managing for the sun. and in the market, the password to get in, that is crazy. because
announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. connell: are you into this cyber monday? dagen: full online shopping. connell: we are going to look at some of the online retailers to see how stocks are doing. in reaction to the commentary. nicole: everybody gets online, there are so many deals day in and day out. we have to focus on these guys, ebay and up arrow. today is cyber monday, the famous day were everybody goes online to get the best deals. are you shopping right now? national retail federation predicting 131 million americans shopping online today, and that actually beats last year. over the shopping holiday weekend you didn't see the brick-and-mortar stores doing as well as anticipated on the contrary, it is all about shopping online. amazon hit a new high $399, but you can see overall the group is mixed. connell: let's pick up on amazon because a lot of buzz about that story after i'm 60 minutes. the record high earlier on cyber monday. but really the story on "60 minutes" last night, the ceo rolling out what he sees as the fut
Search Results 0 to 9 of about 10 (some duplicates have been removed)